Latest Department of Insurance Headlines

All the headlines from our Department of Insurance Topic Page, ordered by recency.

Louisiana Agent Charged with Pocketing Fraudulent Commissions

Nov 20 2008 // A Baton Rouge, La., insurance agent has been arrested, issued a cease and desist order, a notice of license revocation and a fine for insurance fraud, theft and forgery.The Louisiana Department of Insurance alleges Winston...

Brooke Corp. Troubles Continue as Stock is Sold

Nov 16 2008 // Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 percent of Brooke’s stock.Trim...

California Warns Consumers of Brooke Policies

Nov 7 2008 // California Insurance Commissioner Steve Poizner encouraged consumers who have purchased insurance policies through Brooke franchises to verify their coverage, in light of recent closures at Brooke. It is unlikely that an...

Louisiana Agents Arrested on Fraud Charges

Nov 6 2008 // Two Ferriday, La., area insurance agents recently were arrested and issued cease and desist orders, summary suspensions and fine notices for violating various provisions of Louisiana’s insurance code.The Louisiana...

Brooke Corp. Troubles Continue as Stock is Sold

Nov 2 2008 // Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 percent of Brooke’s stock.Trim...

Texas Nonfatal Workplace Injury/Illness Rate at 5-Year Low in 2007

Oct 29 2008 // A total of 252,784 nonfatal injuries and illnesses were reported by private industry workplaces in Texas during 2007, the Texas Department of Insurance reported. The resulting rate of 3.4 cases per 100 equivalent full-time...

Louisiana Producer Charged With Submitting Falsified Claims

Oct 16 2008 // An Alexandria, La., licensed insurance producer has been issued a cease and desist order and summary suspension for allegedly submitting falsified claims, the Louisiana Department of Insurance reported.Stacy Buie Anderson,...

Louisiana Regulator Honored by National Insurance Society

Oct 8 2008 // Ron Musser, the assistant commissioner of Financial Solvency for the Louisiana Department of Insurance, has received the Al Greer Achievement Award from the Insurance Regulatory Examiners Society (IRES), the department...

Brooke Corp. Faces Lawsuits by Illinois and New York Banks

Oct 3 2008 // Overland Park, Kansas-based Brooke Corp. faces a lawsuit by a bank that is seeking $13 million plus interest and costs for breach of contract. The suit was filed the last week in September 2008 in federal court in Illinois...

California Department of Insurance Recognized for Information Technology Improvement

Sep 29 2008 // The National Association of Chief Information Officers (NASCIO) has awarded the California Department of Insurance third place in the 2008 Recognition Awards for Outstanding Achievement in the Field of Information...

Alabama Chief Examiner to Lead Society of Financial Examiners

Sep 24 2008 // Richard Ford, chief examiner of the Alabama Department of Insurance since 1993, accepted election as president of the Society of Financial Examiners at the organization’s recent annual meeting in Nashville, Tenn.At...

Alabama Department of Insurance Introduces New Commissioner

Sep 17 2008 // Jim L. Ridling began his new job as Alabama Insurance Commissioner on Sept. 15 under appointment by Gov. Bob RileyRidling entered a management training program in 1967 with Fireman’s Fund Insurance. This lead to...

Unlicensed Adjusters Coming to Kentucky Must File State Form

Sep 17 2008 // Companies sending unlicensed adjusters to Kentucky to assist with the large number of claims from the Sept. 13 and Sept.14 storms must complete state form 8307, according to the Kentucky Department of Insurance.The form...

La. Regulators Suspend Cancellations, Nonrenewals with Emergency Rule

Sep 11 2008 // The Louisiana Department of Insurance on Sept. 10 issued Emergency Rule 24, which addresses premium renewals, cancellations, claim filings and other insurance-related matters affecting Louisiana citizens impacted by...

Workers’ Comp Loss Costs in Kentucky Good News for Employers

Sep 8 2008 // A 2008 filing most insurance carriers will use to develop rates for workers’ compensation coverage shows the third straight decrease in loss costs, Department of Insurance Commissioner Sharon P. Clark announced.The...

South Carolina Insurance Commissioner Heeds Hanna’s Build-up

Sep 4 2008 // As Tropical Storm Hanna strengthens and takes aim at the Carolinas, the South Carolina Department of Insurance reminds homeowners to review their insurance policies and brace for potential damage.“We urge South...

Declarations

Sep 1 2008 // Taking the 5th“Has it been your custom and habit in prosecuting litigation to have Senator Lott contact and encourage witnesses to give false information?” —State Farm Fire & Casualty Cos. attorney Jim...

Bell Leaving Alabama Insurance Post

Aug 12 2008 // Walter A. Bell, the first Alabamian to serve as president of the National Association of Insurance Commissioners, will be leaving his position as state insurance commissioner at the end of August, Gov. Bob Riley...

North Carolina Insurance Agency Searched in Workers’ Comp Fraud Case

Aug 11 2008 // North Carolina Insurance Commissioner Jim Long today announced the arrest of an Apex woman on one count of embezzlement and one count of obtaining property by false pretenses.Mary Grantham Hicks, aka Mary Linda Hicks, 58,...

Utah Department of Insurance Announces New Office Hours

Aug 3 2008 // Beginning Aug. 4, 2008, Utah’s Department of Insurance has new office hours designed to better serve customers. New extended hours are 7 a.m. to 6 p.m. Mondays through Thursdays. The office is closed on Fridays, but...